Few trading ideas by Vaishali Parekh, Research Analyst - Technical Research at Prabhudas Lilladher:
UJJIVAN FINANCIAL SERVICES - BUY
CMP – Rs 403.7
STOP LOSS – Rs 385
TARGET – Rs 435
Ujjivan has been consolidating since a while between 380-400 levels, good volume is witnessed , looks likely to cross the 200DMA at 407 levels, a decisive move past 407 bring in further strength for an up move to a target of 435, we recommend a BUY.
IDFC BANK – BUY
CMP – Rs 61.5
STOP LOSS – Rs 57.5
TARGET –Rs 68
IDFC
UJJIVAN FINANCIAL SERVICES - BUY
CMP – Rs 403.7
STOP LOSS – Rs 385
TARGET – Rs 435
Ujjivan has been consolidating since a while between 380-400 levels, good volume is witnessed , looks likely to cross the 200DMA at 407 levels, a decisive move past 407 bring in further strength for an up move to a target of 435, we recommend a BUY.
IDFC BANK – BUY
CMP – Rs 61.5
STOP LOSS – Rs 57.5
TARGET –Rs 68
IDFC

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